Thanks guys. There is no mortgage so I guess the HOA will take it back and sell it. I spoke to the main realtor in the area and he said the HOA has dozens of properties it has taken back or in the process. Quite a mess.
Bad investment indeed. She like others got caught up in the investment hype in 2005-6 and thought about 3 seconds before investing. The property is on a grade with a few abandoned mobile homes nearby.
